Biden lifts sanctions on two Iranian missile producers
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President Joe Biden - Image by AFP
Biden lifts sanctions on two Iranian missile producers
THE HILL -BY LAURA KELLY – 10/08/21 12:21 PM EDT
The Biden administration on Friday lifted sanctions on two Iranian entities involved in military missile programs.
The sanctions, targeting the Mammut Industrial Group (Mammut Industries) and its subsidiary Mammut Diesel, were originally imposed by the Trump administration in September 2020 as part of efforts to increase a maximum pressure campaign of sanctions on Tehran over its nuclear activity and actions in the region criticized as malign and destabilizing.
The move comes as the White House seeks to restart indirect talks between Washington and Tehran on rejoining an international nuclear deal.
The entities were identified as being “key producers and suppliers of military-grade, dual-use goods for Iran’s missile programs.”
They are part of an estimated 1,500 sanctions imposed by the Trump administration since 2018, when then-President Trump withdrew from the international nuclear accord with Iran, called the Joint Comprehensive Plan of Action (JCPOA).
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